Property summary
This exceptional opportunity presents a fully operational Korean restaurant in the vibrant Orion Township, Michigan market. Located within a bustling shopping center on a high-traffic road, this 1,500 square foot establishment boasts impressive monthly sales averaging $25,000. The business has been operating successfully for less than a year, offering a strong foundation for continued growth. The current lease is in place, with a monthly rent of $2,900 inclusive of NNN expenses. The lease expiration date is not currently available. While most of the equipment is owned by the landlord and provided "as is," the flexible layout allows for potential conversion to other cuisines, such as sushi or Mediterranean, making this a versatile investment. The owner's reason for selling is relocation. This presents a unique chance to acquire a profitable, established business in a prime location with significant upside potential. The property is situated in Oakland County, Michigan, with a zip code of 48362. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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